These days, attending any conference on oil and energy inevitably involves extensive discussions about the energy transition. This refers to the shift from fossil fuels (oil, gas, and coal) to renewable energy (solar, wind) and nuclear, as well as the transition from internal combustion engine vehicles running on gasoline and diesel to electric vehicles.

In any language, “transition” means moving from one state to another, such as moving from one house to another or changing one’s ideology, religion, or mindset—often in a gradual manner. Throughout its long history, humanity has experienced hundreds, if not thousands, of transitions, differing by society, era, speed, and impact. (CONTINUED - 921 WORDS)